“Logicon Development” LLC is a specialized consulting company providing qualified assistance to small and medium enterprises. The company renders professional advisory services and demonstrates personalized attention to operating and start-up businesses in conducting their activities in diverse and challenging economic environment. Logicon gives a hand to enterprises by conducting trainings and advisory and by implementing projects intended to improve and stimulate their business. Its experts will help you by offering deep knowledge in international and local audit and accounting, financial management, business consulting, corporate finance and taxation, as well as international and local legal aspects. Their professional services include but not limited to: trainings for start-up entrepreneurs, research and development, business plans development and project management in different industries and fields of RA economy.
Logicon Development has an extensive experience of cooperation with almost 300 local and international private companies, government agencies and non-governmental organizations, such as World Bank, European Bank of Reconstruction and Development, Eurasia Foundation, UNDP Armenia, SME DNC of Armenia Fund, OSCE office in Yerevan, and many others. Logicon is committed to providing partner-led, personal services and high professional standards dedicated to the needs of public sector and growth-oriented business.
Philip Morris International (PMI) established its representative office in Yerevan yet in 1995. PMI is the leading international tobacco company, working to deliver a smoke-free future with products sold in approximately 180 countries and has more than 78,000 employees. Philip Morris Armenia has always been among the top 15 taxpayers in Armenia for the last ten years, paying 18 billion AMD in taxes during 2022. Philip Morris Armenia was awarded with Top Employer Armenia certificate 4 years in a row since 2019. PMA team is expanding dynamically. 700-1000 students and young professionals apply to PMA internship program every year. By which on average 10 candidates get an opportunity work for half a year and be paid. Philip Morris also recognizes the rich scientific heritage and potential of technology development in Armenia. Except PMA commercial office in the center of Yerevan, Philip Morris’s PMI Science R&D center Armenia was established in Armenia in 2018. It is the third in the global network of R&D centers set up by PMI together with the ones in Switzerland and Singapore. Here researchers work in the following primary directions: Data Science, Technologies, Material Science.
Team Group is a company conceived with the vision of embracing the ideals of teamwork, progressiveness and technological advancement. Team’s major expertise spans from telecommunication industry and has propelled to form a multi-industry group, driven by a bold vision of venturing into diverse arenas including software development, engineering solutions, fintech, e-commerce, and beyond. Team’s synergistic approach allows to seamlessly navigate these realms, providing innovative solutions and unleashing the full potential of technology.
While each of Team’s companies retains its own unique management and structure, it recognizes the power of collaboration and mutual support that comes from being part of a larger entity.
This cohesion efficiently allocates internal resources and strategically utilizes the collective strengths of Team Group’s companies.
Galaxy Group of Companies is a multi-industry and multinational conglomerate headquartered in Yerevan. The Group stands as one of the largest corporations in the region, having consistently ranked among the top taxpayers in Armenia. Galaxy Group has created and developed businesses, taking the role of management and strategic development, while introducing novel business culture and offering a unique portfolio of products and services. Besides the leading telecom operator in Armenia Ucom, the businesses under the Galaxy Group include Chronograph luxury watch and jewelry stores in Armenia and Georgia, MegaFood, one of the largest importer and distributor of confectionery and food products on the local market, SantaFe and Pahest33 restaurants, etc. The Group has partnered with Swatch Group, Ericsson, Marriott International, and PAUL international, among others, running joint projects in the region.
According to the decision of the Central Bank of RA on November 9, “Fast Credit Capital” UCO CJSC received a banking activity license and will henceforth be known as “Fast Bank” UCO CJSC . Having more than 28 years of experience in the financial sector, with the goal of becoming a bank, the organization has actively implemented large-scale transformational measures in recent years in the direction of financial, human resource integration, as well as risk management. Currently, the organization has around 700 employees, 29 branches throughout the territory of RA and a stable base of more than 140,000 customers.
DataArt is a global software engineering firm that takes a uniquely human approach to solving problems. With over 20 years of experience, teams of highly-trained engineers around the world, deep industry sector knowledge, and ongoing technology research, the firm helps clients create custom software that improves their operations and opens new markets. Powered by the People First principle, DataArt works with clients at any scale and on any platform and adapt alongside them as they evolve.
The firm integrates its engineering excellence with deeply human values that drive their business and approach to relationships: curiosity, empathy, trust, honesty, and intuition. These qualities help them deliver high-value, high-quality solutions that their clients depend on and lifetime partnerships they believe in.
DataArt has earned the trust of some of the world’s leading brands and most discerning clients, including Nasdaq, Travelport, Ocado, Centrica/Hive, Paddy Power Betfair, IWG, Univision, Meetup and Apple Leisure Group, among others.”
Armenia Securities Exchange (AMX) is the only securities regulated market operator in Armenia. As an integrated exchange offering, AMX provides a full suite of services including listing, securities and FX trading, IPOs, clearing, information services and alternative market solutions. Investors receive a wide range of investment products and maximum transparency, together with the smooth and efficient execution of trade transactions. Being a 100% shareholder of the Central Depository of Armenia, AMX also provides integrated settlement solutions for both resident and non-resident clients by utilizing the central depository’s local and international settlement network and relationships with global depositories.
The mission of AMX is to enhance and develop the infrastructure of the Armenian capital market and create an attractive business environment. It does so by becoming an active financing tool for the Armenian economy, enabling the raising of capital and investments. Through the expertise, experience and passion of their people, AMX ensures that their operations are built on the foundations of quality, security and trust.
The Central Bank of Armenia is the supervisory and regulatory authority for AMX․
HSBC Armenia is one of the country’s leading banks. With 6 offices in Yerevan and around 318 employees, the Bank serves around 30,000 customers through three Global Businesses: Wealth and Personal Banking, Wholesale Banking and Markets and Securities Services.
The Bank has assets of AMD 261 billion as of 31 December 2021.
As a member of HSBC Group, HSBC Armenia is closely cooperating with other banks and financial institutions within the Group aiming to provide various high-quality services to its customers.
The main directions of intragroup transactions conducted by the Bank are:
Opening and maintaining correspondent accounts
Interbank foreign exchange transactions
Providing and receiving interbank loans and deposit
As an outstanding hotel of the world’s largest hotel chain, representing a well-known brand in the hospitality industry, Armenia Marriott Hotel Yerevan is famous for its magnificent location with the fabulous view of Republic Square and its proximity to many historical locations and picturesque sightseeing places. For many years, the hotel remains the preferred property to host foreign VIPs, Crew, and international delegations.
Armenia Marriott Hotel’s 252 spacious, beautifully appointed rooms and suites provide a home away from home in Armenia’s ancient capital, offering perfect accommodation with deluxe bedding, high-speed Wi-Fi, marble bathrooms, soundproof windows, and 24-hour room service. After a full day of business or sightseeing, exhilarate your body in the hotel’s fitness center or refresh in the sparkling waters of their outdoor pool. Located near Zvartnots International Airport, Armenia Marriott Hotel Yerevan is an upscale haven, where you can work and relax in the vibrant city center of Yerevan.
“EFES” insurance closed joint stock company was founded in July 2023 with the aim of revolutionizing the insurance industry in the Republic of Armenia. Its goal is to provide new and higher-level insurance services, while adhering to the best international standards and experience. EFES have a team of founders and working group members who have been instrumental in shaping and serving the largest and most diverse insurance portfolio in the country for years. EFES is committed to embracing the changing challenges of the financial sector by leveraging digitization as an opportunity, not a risk. Above all, it put the customer at the centre of company’s operations. The main goal of EFES is to develop the insurance culture in Armenia.
Synopsys Armenia provides R&D and product support for electronic design automation (EDA), design for manufacturing (DFM), and semiconductor intellectual property (IP) solutions. It is one of the largest IT employers in Armenia with more than 1000 employees. With two locations in Yerevan, and one in Gyumri, Synopsys Armenia is also one of the largest Synopsys sites outside the U.S.
Wigmore Clinic is a modern center for orthopedics, sports traumatology, vertebral surgery, vascular surgery, pediatrics, dentistry and interventional radiology. The clinic provides both outpatient and inpatient services. It is the only clinic in the region where laboratory of gait clinical examination is present. Only experienced specialists work in the clinic. Many of them have been trained in European countries, the United States, Canada, etc. Foreign partners are regularly invited, conducting consultations and operations together with local doctors. Wigmore Clinic values individual approach to every patient.
Gold’s Gym offers state of the art exercise equipment and industry leading fitness programs, including group exercise, personal training, cardiovascular equipment, cycling, Pilates, yoga and Cardio. With over 3.5 million members worldwide, Gold’s Gym helps all kinds of people achieve their individual potential through fitness. Established in Venice, California in 1965, Gold’s Gym is the largest full service chain in the world with over 700 locations in 28 countries. In August 2008, the Gold’s Gym welcomed the first members, who appreciate healthy life style suggested the great variety of services. In December 2014 Gold’s Gym Armenia opened second location in downtown Yerevan offering high quality services for members. We inspire our members with unrivaled energy, and provide the finest equipment and fitness knowledge available to help our members fulfill their individual potential. Our instructors will help you to achieve all objects in view, being based on the big personal experience.
T Asset Management is an asset management firm that specializes in sourcing, hedging and managing
credit financing, investing and managing hard assets in various sectors and investing in special
opportunities, including international trade deals.
Our three arms of the business are:
-Sourcing, Hedging, and Managing Credit Financing: We have a dedicated team that focuses on sourcing
and managing credit financing for various projects and investments. We also hedge against market risks
to ensure the stability and profitability of our investments.
-Investing and Managing Hard Assets: Our team has extensive experience in investing and managing
hard assets in various sectors such as real estate, entertainment, textile, telecom and IT. We have a
strong network of partners and industry experts that help us identify and execute profitable
-Investing in Special Opportunities: We are always on the lookout for special investment opportunities,
including international trade deals. Our team at T Asset Management has a wealth of experience in
identifying and executing these types of investments, which can generate significant returns for our
The firm provides high-end legal services to local and international corporate clients, non-governmental organizations, and individuals. Although the clients are diverse, the NCI Solutions approach is always the same: seek to understand the client’s needs and deliver high-quality service. The responsibility is to help clients to succeed.
The NCI Solution’s experience at cutting edge innovative commercial, financial and legal solutions allows achieving results that contribute to the success of the firm’s clients. The approach is guided by a commitment to quality and collaborative culture.
The firm works to understand the client’s business goals and strategy to ensure NCI Solutions delivers advice that meets the client’s legal needs and supports their success.
Majorel is a global BPO leader. Clients say that our agile culture makes us special, which means that doing business with us is easy. As experts in customer experience management, we’ve seen it all, so we’re able to ensure the reliability our clients need and the care their customers deserve. Our people love nothing more than to just get things done. Our spirit is resourceful, resilient, and relentless, and this is what drives us to go further.
Our comprehensive east-to-west global footprint in 45 countries across five continents, with 82,000+ people and 60 languages, means we can deliver flexible solutions that harness our unique expertise in cultural nuance – essential for true excellence in CXM, tech-human augmentation; global and local.
We opened our office in Yerevan on September 23, 2019. Since then, our team is expanding and welcoming new colleagues with strong language skills who are Driven to Go Further. Majorel Armenia, with around 400 employees, provides customer services for reputable brands in the international market.
The real ‘Majorel difference’ lies in our culture of entrepreneurship. We are relentless, resourceful, resilient, and agile – all pulling together as One Team. It’s the only way to deliver the total reliability and digital transformation necessary in our constantly changing world.
London Medical LTD was established in 2012. The company has two main areas of activities, namely the distribution of Anti Aging skin care products and the distribution of healthcare equipment for the aged and the disabled.
Since 2015, London Medical has been presented in Armenia as an exclusive distributor of worldwide famous ZO® Skin Health, which is driven to be the number one, physician-dispensed skin Health Company in the world by delivering the most innovative and highly effective products.
We believe the only way to achieve skin health is through the power of science. With world-renowned dermatologist Dr. Zein Obagi as our legacy, ZO® Skin Health pushes the boundaries of medical-grade skincare. Combining our innovative approach, powerful technologies and product education, ZO® brings a new perspective to traditional skincare.
London Medical provides Project Management services for different health care projects.
Veeam® Software, the leader in backup, recovery and data management solutions that deliver Modern Data Protection, has been positioned by Gartner, Inc. in the Leaders quadrant of the 2022 Magic Quadrant for Enterprise Backup and Recovery Solutions. Not only does this mark the sixth consecutive time Gartner has recognized Veeam as a MQ Leader, but it is the third consecutive year Veeam is positioned highest overall in ability to execute.
With over $1 billion in annual bookings and 450,000+ customers of all sizes, Veeam provides its diverse community with the most advanced data protection across all environments – Cloud, Virtual, Physical, SaaS and Kubernetes. Customers are confident their data is protected from ransomware, disaster, and harmful actors and always available with the most simple, flexible, reliable, and powerful single platform in the industry.
Over the past year, Veeam has unveiled more than 30 product updates, including Veeam Backup & ReplicationTM v11a which coverscloud-native solutions to protect data across AWS, Azure and Google Cloud as well as Kasten by Veeam K10 for Kubernetes protection.The company setsthe highest product standards and responds to customer demands for redefining security, achieving resiliency, and delivering future-ready solutions.
Headquartered in Columbus, Ohio, with offices in more than 30 countries, Veeam’s global ecosystem includes 35,000+ technology partners, resellers, service providers and alliance partners.
SOLARA, founded in 2019, is considered one of the leading organizations engaged in the field of solar energy in Armenia, which has adopted a strategy to develop the green economy. The company’s success story began with the rich experience of LA SOLAR GROUP, founded in the USA in 2011. Today, SOLARA is its strategic partner in Armenia.
Later, the LA SOLAR Factory was established in the “Alliance” free economic zone, which began to deal with solar photovoltaic panels produced from high-quality Mono-PERC type crystals. In 2022, the production volume of the factory increased from 90 MW to 350 MW. Premium class panels are certified according to international standards, and the products have CE and UL certificates.
With the joint efforts of LA SOLAR Group and SOLARA, many projects and investment programs have been and continue to be implemented. In 2022, the TESLA ENERGY electric car showroom was opened, with a service center and EV CHARGER charging stations. All models of Tesla electric cars and their spare parts are available in the car showroom.
With another successful program, in 2021, FORMAL began to produce aluminum and metal-plastic doors and windows on a large scale: slide, bi-fold type doors, windows, in the colors preferred by the consumer, which are obtained by using anodizing and powder coating technologies.
Among the investment projects, the CONSTAL aluminum extrusion factory is next. In November 2022, it is planned to finish the equipping process. Aluminum frames and parts will be produced.
Pernod Ricard SA, the global co-leader in the wines and spirits industry, was founded in 1975 when long-standing competitors in the French anise-based spirits market, Pernod and Ricard, decided to join forces, laying the foundation for a new era of rapid development and exceptional achievements. Thanks to successful expansion, the Group created an outstanding brand portfolio of world-renowned premium spirits, such as Absolut, Chivas, Royal Salute, Jameson, Ballantine’s, The Glenlivet, Aberlour, Olmeca, Beefeater, Havana Club, Mumm, Perrier-Jouët, Martell, and many others.
The history of Pernod Ricard in Armenia dates back to 1999 when the Group acquired Yerevan Brandy Company, the producer of legendary Ararat Armenian brandies, while 2008 was marked by the official opening of Pernod Ricard Armenia, which imports and distributes the Group’s products in Armenia.
Pernod Ricard displays a unique approach to the brands in its portfolio by respectfully preserving their production methods, as well as the identity and heritage handed down from generation to generation. Hence each of the bottles brought to its consumers by Pernod Ricard Armenia is a little piece of a different part of our planet, a unique ambassador and symbol of the country it was produced in.
PROFAL GROUP is known as one of the best companies in Armenia in the production sphere, which has been operating in the local market for 20 years now. The GROUP of companies is famous for production of doors and windows with aluminum profiles, curtain walls, furniture, garage doors, sunblinds, glass and metal structures for various purposes, pergolas.
PROFAL GROUP is one of the few Armenian companies that cooperates with a number of reputable European partners from Germany, Austria, Greece, Holland, France, Denmark and others being their official or exclusive representative in Armenia. The GROUP of companies owns 10 different manufacturing units in Armenia, which are based on modern design and meet European high standards of quality. Two big showrooms are among the achievements of the company, where the products manufactured by the GROUP are represented.
Both in production and in services, the company constantly improves its positions, satisfying even the most demanding customers by combining modern equipment and high-class raw materials of well-known international brands with multi-year experience of its staff and unique style. This has led to the fact, that PROFAL GROUP “Armenian Brand” is associated with high-quality products in international market and is now on its way of becoming a truly international brand.
Ingo Armenia is one of the largest insurance organizations in Armenia. It provides a wide range of motor, health, property, casualty insurance solutions and other financial services to support the clients’ daring endeavors.
Accepting uncertainty as to the current status quo, the company embraces technology and automates its processes to increase productivity.
While superior customer value is key to Ingo Armenia`s success, it equally values responsible practices. Ingo Armenia is actively involved in developing community relations with robust corporate social responsibility initiatives.
Ramada Hotel & Suites by Wyndham Yerevan is situated in the heart of the capital of the Republic of Armenia, 11 km from Zvartnots International Airport and a few steps away from the Republic Square, on one of the oldest and historically important streets of Yerevan. With a panoramic view of the biblical Mount Ararat and the picturesque center of the city, the hotel is an ideal place to stay for travelers who want to explore the capital and culture of Armenia. In the area you can find museums, concert halls, the Opera and Ballet theatre and the famous singing fountains of the Republic Square.
202 rooms of 12 categories are at disposal of our guests – from standard to presidential
Restaurant with Armenian fusion cuisine “Tartar”
13th floor roof top bar “Red Point”
Secret Yard open air venue
24/7 Lobby bar “Ease”
4 functional conference rooms. The total conference rooms area is about 500 sq. m
The Alexander, a Luxury Collection Hotel, Yerevan is the first international luxury brand in Armenia. The hotel belongs to Marriott International family and represents one of its three luxury brands – The Luxury Collection. The Alexander, Yerevan is located in the heart of the Armenian capital and offers 114 spacious guest-rooms, rooftop restaurant with a terrace, luxurious spa, elegant patisserie and other services. Positioned in the city center, The Alexander, Yerevan is located within walking distance of Yerevan’s most notable sights, international embassies and global offices.
Transimpex LLC has been working in the field of logistics since 1998, cooperating with leading European transport companies and representing their interests in Armenia. The mission of Transimpex is to optimize logistics services, emphasizing partners’ business specifics and demonstrating an individual approach. The company staff is united by one idea and has one goal to achieve excellence in all endeavors and to be an indispensable partner for everyone.
In 2000, Transimpex became a licensee of Federal Express Corporation – FedEx Express, one of the largest companies providing courier and other logistics services all over the world. In 2015, the company became a representative of Major Express providing express delivery services of correspondence and cargo around the world. In 2018, it became World Courier’s representative in Armenia, which is a provider of premium logistics services and the leading global specialty supplier of transportation, storage, and distribution services for multinational biopharmaceutical clinical trials.
Cooperation with partners has multiplied Transimpex capabilities and expanded the range of services provided to customers.
Resolution Insurance Brokers LLC was established in 2000 as an insurance and reinsurance broker licensed and regulated by the Central Bank of Armenia.
We formally represent three major international brokers in this region, while working extensively with others and the principal reinsurers. Resolution is the market leader in Armenia.
We specialize in complex corporate insurance and reinsurance for domestic, FDI and IFI clients. Customer service is key to our success.
We work for the client, not the insurer, to provide bespoke, tailored solutions for each client. Our clients benefit from enhanced coverage, reduced costs, improved reporting and data analysis and support from Resolution throughout the policy period.
With operations in over 120 countries and around nine decades of international experience, McCann has been recognized as the creator of the modern global advertising agency model and has developed some of the best-known and most iconic advertising campaigns of the last century.
Modern McCann was founded in 1902 as a result of the merger of the H. K. McCann Company and the Erickson Company.
McCann Yerevan opened in Armenia in 2001 as one of the first full advertising network agencies. In 2010 Universal McCann entered Armenia by presenting a complete package of Media Services. Up to date, McCann Yerevan is one of the leading agencies in its area with an extensive portfolio of international clients. The scope of services includes but is not limited to creative and branding, design and packaging, strategic planning, BTL and events, audio/video production, POSM, equipment production, and full media services (digital, TV, radio, and OOH, PR, influencer marketing).